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Fill in the Blank. Suppose you purchase a 10-year bond at a discount to its face value. If interest rates remain constant throught the life
Fill in the Blank.
Suppose you purchase a 10-year bond at a discount to its face value. If interest rates remain constant throught the life of the bond and the issuer is not expected to default, the value of the bond must as it approaches its maturity date.
Group of answer choices
rise
stay the same
fall
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